Cyber Scams 2019 - What You Need To Be Aware Of
$7,200,000
That's how much Australian businesses lost to scammers back in 2018. These losses could be the difference between a business barely making ends meet and having to shut shop.
Small businesses are generally hit the hardest and make up 75 per cent of the scam reports to the ACCC. Since these businesses are generally run on a tight budget with limited staff and almost no resources devoted to cyber security, they are prone to cyber scams. Scammers are fully aware of this and regularly target small business owners.
The best way to combat cyber scams and protect yourself and your business is to educate yourself and BE AWARE of the scams that frequently target business owners.
Here's a comprehensive breakdown of the scams that have hit Australians in 2019 so far.
Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.